Choice Hotels Ramps Up Development in Upscale Properties
Choice Hotels International (NYSE: CHH) managed to improve its top line in the third quarter despite revenue per room that fell short of management's guidance. The consumer discretionary hospitality enterprise also reported credible progress in the property refresh of its largest brand, Comfort, and sweetened its 2019 forecast alongside earnings. Below, let's unwrap results from the third-quarter report that was released on Tuesday, keeping in mind that all comparative numbers refer to those of the prior-year quarter.
Data source: Choice Hotels International. EPS = earnings per share.
Image source: Getty Images.
Source Fool.com
